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Author Topic: Lessons from crypto in 2018  (Read 41035 times)
Kezacky
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July 20, 2019, 03:08:21 PM
 #541

yes, the lesson I took in 2018 was the opportunity to collect some other altcoins at a low price, I think when the price of a cheap coin was a good opportunity to buy it so I didn't miss that opportunity, besides that I was very confident that the market will recover soon.

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MMA Rats
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July 20, 2019, 04:29:08 PM
 #542

2018 brought many lessons for me, the most important thing is to fix profits in time, not to buy coins at the top and not to be greedy

nekonyun
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July 20, 2019, 05:33:44 PM
 #543

the biggest lesson for me in 2018 is that we should not fight the market when the bitcoin price in a bearish trend will make us continue to lose our money, so if at the moment the bitcoin has changed our bullish trend don't sell our bitcoin until bitcoin reaches the highest price
old fart
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July 20, 2019, 05:49:52 PM
 #544

My lessons
1. Never go all in
2. Understand the times and seasons
3. In all thy acquisition, hodl btc.
4. Most altcoins are overhyped shitcoins
5. It is easier to go down than to climb up.

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logicgate
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July 20, 2019, 06:08:08 PM
 #545

Lessons? The only lesson what I have learned is to buy more cryptocurrencies no matter the price.
Dollar cost average strategy is the best what you can do if you are not sure where market is going.
  I also got to know when the price is falling we can buy at low price. When market is down we can buy cheaper and hold till the end of the year. 2018 price was low so we bought at lowest price now we can see it is rising this way we can obtain future saving from it so from 2018 I learnt to be patient.
_Sergo
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July 20, 2019, 06:30:35 PM
 #546

if I myself have learned the lesson from 2018 until now it is patience to succeed in trade and investment, because from last year the market has experienced a tremendous decline so that it becomes a trial for us to be more patient waiting for the market to rise again
the market has actually experienced a powerful fall and has already passed somewhere in a year and a half, and many altcoins still continue to fall. The trend is obviously changing.

axel2078
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July 20, 2019, 07:07:06 PM
 #547

The first lesson I learnt was never to be greedy while trading and ever since then it has helped me make good decisions. Also, I learnt not to love any coin during trading so as not to turn to a bag holder. Furthermore, I learnt to go for good projects and over look most reviews from experts.

magicrypto
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July 20, 2019, 07:10:12 PM
 #548

One of the main lessons for me was that crypto is VERY changeable, and everything can change fast and without any notice:) Just remember how fast downtrend was appeared, nobody was ready for that scenario and of course most of people was sitting in alts and watching their depo crash.
arimamib
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July 20, 2019, 07:16:39 PM
 #549

the lesson that I took was not to be too greedy, and also the market situation couldn't be stable, sometimes it would go up / down, just how you took the opportunity at that time.Don't go with the flow, sometimes it's better to stop, and wait for the next opportunity.

yes, because the factors that become several investments do not become successful are an investor who invests in it, in what you say the main factor is ourselves that must be improved. and make it an experience so that in the future things will not happen again

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terencio
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July 20, 2019, 07:18:44 PM
 #550

2018 was a roller coaster ride of cryptocurrency and it was very devastating to some people. I've learn that market was crazy, full of hype and a lot of  scammers to take advantage of you. But the best lesson that I learned, is  do not be greedy with the increment of your investment. Don't expect too much just be happy of the gain because this market is really a crazy ride.

Ayipaloh
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July 20, 2019, 07:23:51 PM
 #551

"Do Your Own Research"

Investing is difficult.  Nobody is going to do it for you.  No one is going to give all the right ideas.  No one has the crystal ball of clarity about where the market is going.  You need to take time to do the research yourself.  The burden is to inquire into a project and really understand what is getting
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July 20, 2019, 07:32:15 PM
 #552

The market situation at that time taught many things, namely patience, so that made me even more excited to learn new things in cryptocurrency to be able to get through more severe situations
bitc0000
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July 20, 2019, 07:51:01 PM
 #553

During trading, once you are in profit sell and exit the market. Even if it later starts rising forget about it and wait for another trade or risk being dumped on. Also, I learnt that only projects with something to offer will last long term thus worthy of holding. Lastly, don't put all funds on one coin.

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July 22, 2019, 11:37:17 AM
 #554

Dont be too greedy.
Learn critical thinking in order to sell some of your gains, otherwise there is good chance that you will not sell you assets not even at all time high but with any profit! A good strategy is to sell at least part of investment.

Tsubachuchu
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July 22, 2019, 11:57:05 AM
 #555

My unforgettable experience that I learned is that you need to have a protected account on the exchange that it would not be hacked and keep safe the private key to the wallet.And at the expense of the market, I learned for myself that you need to keep calm and not to hurry and you needed to learn from the professionals to be able to success.
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July 23, 2019, 06:37:14 AM
 #556

My unforgettable experience that I learned is that you need to have a protected account on the exchange
Protect your accounts on exchange via good passwords, secure with 2FA, and keep your passwords, 2FA codes backups in safe place, offline are not enough. The best thing to do is avoiding storing your money directly on exchanges, whatever exchanges are, and only make deposits to exchanges when you want to trade or sell your crypto. If not, keep them safely in wallets that you have full control, and keep your devices safely too.
killat
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July 23, 2019, 07:36:43 AM
 #557

Half of the cryptocurrencies are just using someone else's code base and is almost exactly the same as another coin. Bitcoin and Litecoin for example, all they changed was the block time. People also create forks and create a new coin that follows another direction but the truth is, they are all the same. People are just creating Bitcoin forks and then calling it Bitcoin X and just uses it to earn money but they make it sound like they are trying to change the world (errmm, no). Any developer can change a few lines of the existing Bitcoin code and then create their own coin, its as easy as that.

Ultimately, I think Cryptocurrency will fail in the end, maybe a few good cryptocurrencies will survive but I believe 95% of them will just go to zero.

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July 23, 2019, 07:38:42 AM
 #558

in 2018 I learned how to take advantage of the market situation when it was weak. so before you make a decision, you must plan your investment strategy carefully and use your expertise and experience to invest widely and wisely. In situations where you want what to do and you can copy. After all is said and done, you must realize that you will win or lose, it is important to accept this!
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July 23, 2019, 07:49:07 AM
 #559

One of the big lessons I have learnt from the crypto space in 2018 is never follow price hype of a coin. Another lesson is never blindly depends on others like so called cryptocurrency experts while investing in cryptocurrency. I have invested in ripple in 2018 when the coin was skyrocketing. I thought at that time that the coin would never fall in price. But it dramatically fell in price, incurring me a big loss.   

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July 23, 2019, 08:55:29 AM
 #560

I wish i sold bitcoin in the end of 2017, in 2018 i wish i joined people who know that they doing and sold everything again, buy at beginning of 2019 and sold now. Most important thing is experience, it's nice to have some people to exchange experience with.
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